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LADAEN posts net income of JD0.01 million in Q1 2021

2021-06-02

According to the financial statements of Palestine Plastic Industries LADAEN for the 1st Quarter of 2021, Net profit after tax of the period reached 11,900 JD Compared with Net profit after tax 8,630 JD for 2020, a net increase in profit of 37.89%.Total assets of the company reached 800,979 JD compared with total assets of 820,623 JD at the end of year 2020, a net decrease of 2.39%.Total liabilities of the company reached 483,316 JD compared with total liabilities of 514,860 JD at the end of year 2020, a net decrease of 6.12%. Net ownership equity of the company reached 317,663 JD compared with total owner equity of 305,763 JD at the end of year 2020, a net increase of 3.89%.